It was all Red for Indian equity markets today

6 Dec 2022 , 03:48 PM

Indian equity markets ended the day in Red today. Nifty 50 ended, down by 58.30 points. Sensex ended, down by 208.24 points. Top Gainers today were Adani Enterprises, Hindustan Unilever, Nestle India. Top Losers today were BPCL, Hindalco, Tata Steel. Market movement today suggests that Market participants are not completely discounting the possibility of RBI maintaining its hawkish stand on inflation when it announces the next interest rate hike, today or tomorrow. 

All the broader indices ended in red today. Midcap-stocks saw maximum selling pressure. Stocks of PSU banks saw maximum buying demand today.  Auto stocks and oil & gas stocks also saw some buying demand. IT stocks and Media stocks saw considerable selling pressure. Stocks of Suzlon, Yes Bank, and PNB saw maximum trading volume at NSE today. ICICI Bank, PNB, and Adani Enterprises saw maximum trading in terms of value. 69 stocks touched their 52 week high today. 15 stocks touched their 52 week low.